PHOENIX-A husband-and-wife investment team has paid $1.82 million for a 50-unit apartment complex in northwest Phoenix.
Jonathon and Lynda Blivens of Mesa purchased the Canyon North Apartments at 2339 W. Northern Avenue. The sale price equates to $36,400 per unit.
Joryco Properties LLC of Torrance, CA, is the seller. The local office of Marcus & Millichap Real Estate Investment Brokerage Co. negotiated the transaction.
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